Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-12-07
is thought better to attempt to buy bonds with IT,
specific authority should be given 70 the Secretary
or tbs Treasury 70 do 30

is thought better to attempt to buy bonds with IT.
specific authority should be given 70 the Secretary
or the Treasury 70 do 80.
CUSTOMS ADMINISTRATIONS.
The remedies for the dniculties In the collection
Of duties, the Secretary says are the reduction OF
high I'd valorem rates Of duty, the smplircation
OF the tari1 by the ell mination OF antiquities,
and decreasing the number Of dutiable articles,
and the Encouragement aud simplincation OF the
customs laws, including the enactment OF proper
me sures 10 enforce the collection OF duties, and
TO secure the prompt uniform, and certain ADJUST
ment OF all questions relating TO values and rates
OF duty.
The secretary earnestly recommends the revival
and cary co0si leratton OF the bill for the abolition
establishments for collecting revenue where no
revenue Is received. which was before the last
Congress. the secretary recommends a change
In our navigation laws as 70 allow forelgn-0ui't
ships owned by our citizens 10 come and 90
between this and other countries while bear
Ing the nag OF the country OF their owners:
lie also recommends that the law authorizing
the coinage Of silver dollars should be 80 amended
as TO auth rte the secretary OF the Treasury to
issue certificates against the coming value ~ the
bullion bought and to coin only such number of
dollars as he might deem expedIent hereafter.
Attention + called 10 the necessity for the pass
age of statute OK limitations AMI FOR the con-
struction OF fire-proof building suitable for the
storage OF the files and records OF the several
Departments.
DISTRICT OF COLUMBIA
The net expenditures on account OF the District
OF Columbia for the nscal year 1887 were s4,0S3.-
25l39. The revenues deposited in the Treasury
on this account for the same period were 3, $751;
S69O1.
During the fiscal year 1887 there has been issued
In payment for judgmen $ OF the Court OF Claims
$3.50 OF the 365 per cent bonds. There has been
retired through the Op ratIons OF the sinking
fund.- s4O1, 200 OF the bonded Indebtedness OF the
District. making net reduction OF 1898, $50, and
reducing the amount annually required for interest
81, 13S.
Since the duties Of the Commissioners Of the sink.
Ing fund OF the District Of Columbia were devoved
on the Treasurer, the bonded debt OF the District
has been increased 1857, 700 by the issue OF ass
per cent bonds In exchange for certificates OF the
hoard Of audit and In payment for Judgments OF
the court OF Claims There has been retired dur
Ing the same period 81 952.25O or the bonded debt,
making net reduction OF 81. 1l4ooO, reducing the
annual interest Charge 81, 06S22.
The amount realized from the sale or bonds in
which the 10 per cent retained from contractors
with the District OF Columbia was invested exceeds
the sum necessary to pay the amounts originally
with held. Al the close or the fiscal year 1857 the
surplus amounted to So 1851 81, and has been COW
cred into the Treasury as miscellaneous receipt,
to the credit OF the United states and District OF
Columbia In equal parts as required by law.